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Home Massachusetts Lowell Multi-Family Homes for Sale

175 Liberty Street Lowell, MA 01851
175 Liberty Street, Lowell, MA
SOLD 11/1/2424
0
This Property is No Longer Available
175 Liberty Street, Lowell, MA 01851
View Map
$900,000
*Sale Price
3 Unit
12 Beds
3 Baths
4536 SQFT
0.11 Acre

Property Description

Great opportunity for the buyer of this fully tenanted triple-decker in the Highlands. All three units currently occupied, all voucher recipients, with a total monthly rent roll of $7530.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment and hot water tanks are in the basement. Each unit has its own heating system, one in the basement, one in-unit and one in the back hall. This is a well maintained property by an active owner, therefore no deferred maintenance. All three units are lead compliant, with certificates in hand. Location is on public transit and within a short distance of all area amenities. Both the bus depot and train station are a short distance away, and the Lowell Connector, RT-3, I-495 and RT-38 are all within a quick drive. This is a solid property with a strong rental history and rents.
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 90360
  • Gross Expenses: 1996
  • Electric Expenses: 192
  • INSC: 1996
  • Net Operating Income: 90360

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73286157
  • Last Updated: 11/01/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/01/2024Sold$900,000$198MLSPIN
10/08/2024Under Agreement$925,000$204MLSPIN
09/24/2024Contingent$925,000$204MLSPIN
09/09/2024Active$925,000$204MLSPIN
09/05/2024New$925,000$204MLSPIN

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Map

Seller's Representative: Brian Donoghue, Universal Property Management
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-01 10:10:00

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